Currently our Town is $6.6 million dollars in debt and this will rise to $15 million by 2012 due to the Waste Water Treatment Plant which the Town has financed their 1/3 of the costs in its entirety. This is very short sighted and I would be in favour of taking the hydro revenues and putting it on our debt, that way we all share in the hydro revenues.
Position: Ultimately we need to STOP spending money we don’t have. We also need to separate the requirements of the community into the needs to haves versus the nice to haves.
